With the price of crude oil futures rising to the highest level in years amid the Iran war, investors may be looking to strategically shift their allocations to take advantage of the spike. While commodities trading or individual oil stocks are appealing to more active investors, others may look for exchange-traded funds (ETFs) that provide access to the space without the need for the same level of involvement.
The funds below provide different ways of gaining exposure to the rising price of oil. Keep in mind, however, that the space is experiencing significant volatility as a result of the geopolitical situation that continues to develop, so investors should not assume that ETFs necessarily carry a lower level of risk than other ways of accessing the oil and broader energy markets.
